Overview
What is Milton Police Charitable Fndtn Inc?
Milton Police Charitable Foundation Inc, based at 40 Highland St, Milton, MA 02186, operates as a nonprofit organization under IRC Section 501(c)3. Its primary mission is to collect charitable donations and distribute them to various local organizations, as well as offer scholarships to local school students, as per the foundation's discretion. The foundation actively contributes to the community by providing financial support to numerous charitable entities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, earning it a Two-Star out of Four Star rating. This rating reflects the organization's overall accountability and financial health, indicating that while there are strengths, there are significant areas for improvement. With a score of 63 in Accountability & Finance, the Milton Police Charitable Foundation demonstrates a reasonable level of transparency and governance.
The organization boasts a full score of 10 out of 10 for having an independent board, which is a positive aspect of its governance structure. Additionally, it has a favorable liabilities to assets ratio of 0.00%, indicating sound financial management in avoiding debt. Program expenses account for 61.80% of its total expenses, which is a decent allocation towards its mission, but it received only partial credit in this category.
However, the foundation has several notable limitations that affect its overall rating. Key policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy are missing, which may raise concerns about accountability and ethical oversight. Furthermore, the organization did not list its website on its tax form and has not posted its tax documents on its website, suggesting a lack of transparency in its public communications.
This AI summary has been generated from information found on Charity Navigator.
Is Milton Police Charitable Fndtn Inc legitimate?
Milton Police Charitable Fndtn Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milton Police Charitable Fndtn Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Milton Police Charitable Fndtn Inc?
The Milton Police Charitable Foundation Inc. is established with the primary objective of soliciting charitable contributions. This non-profit organization uses these donations to support various charitable organizations and also provides scholarships to local school children, as per its discretion. Operating under IRC Section 501(c)3, its mission aligns with providing financial aid to charitable causes and supporting the educational pursuits of local students. The foundation has been active in donating funds to numerous local charities, contributing to their respective causes.
What is the revenue of Milton Police Charitable Fndtn Inc?
Milton Police Charitable Fndtn Inc's revenue in 2024 was $20,355.
Who are the executives of Milton Police Charitable Fndtn Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Milton Police Charitable Fndtn Inc?
Milton Police Charitable Fndtn Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Milton Police Charitable Fndtn Inc
The Milton Police Charitable Foundation Inc is an organization primarily focused on soliciting charitable donations. Its mission, as outlined under IRC Section 501(c)3, extends beyond this, involving the dissemination of these donations to various charitable organizations. Furthermore, this foundation exhibits a commendable commitment to supporting local school children by providing scholarships, as per its discretion. The organization's activities are centered around these three main objectives, aiming to contribute positively to the community at large.
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Impact
August, 2024
Milton Police Charitable Fndtn Inc's impact is felt through their charitable donations to various local organizations and their provision of scholarships to local school children. By soliciting donations and distributing funds where they are most needed, this organization plays a crucial role in supporting the community, particularly in the realm of human services. Their mission to give back and support those in need aligns with their dedication to making a positive difference in Milton, MA.
This information is meant to be a general summary of Milton Police Charitable Fndtn Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Gross Receipts: $20,355
Assets and Liabilities:
- Total Assets: $12,677
- Total Liabilities: $0
- Net Assets: $12,677
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Organization Details
Founding Year
2015
Principal Officer
Wanda Corbin
NTEE Category
Code: P12 - Human services
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